While you may not be thinking of Thanksgiving just yet, retailers certainly are and many have already announced their holiday plans. While over the years, more and more companies have started opening their doors on Thanksgiving to get an early shot at holiday shoppers looking for a bargain, it seems a lot of retailers are keeping their doors shut this year.
According to a new report by retail industry researchers at BestBlackFriday.com, 56 retailers have already confirmed that they'll remain closed on Thanksgiving Day, with that number expected to increase to about 75. Stores that have already announced their intention to stay closed include Costco, Home Depot, Wal-Mart and Sam’s Club.
As for why most of them are staying closed, the biggest reason is to allow employees to be with their families on the holiday. Another reason is that store traffic has been decreasing on not only Thanksgiving Day but on Black Friday as well. Click here to check out the full list of stores closing on Thanksgiving Day.
Source: 24/7 Wall Street